Budget Analyst I, Enterprise Analyst - Denver

State of Colorado; Denver (CO); Hybrid; USD 60,000 - 85,000; Full time

Benefits offered by this job

Health, dental and vision insurance

PERA retirement

Paid time off

Tuition reimbursement

Flexible spending accounts

Public Service Loan Forgiveness

Job summary

State of Colorado seeks a Budget Analyst I, Enterprise Analyst to support the CDOT transportation enterprises. You will assist with budget requests, monitor expenditures, and coordinate across departments to improve budget processes.

This entry-level role includes training from senior staff and exposure to public budgeting best practices, with a path toward growth. You will work in a hybrid schedule, with in-office and remote days, and contribute to revenue forecasting and legislative budgeting

Qualifications

• Experience in budget administration, finance, or public budgeting.
• Strong analytical, investigative, and problem-solving abilities.
• Excellent written and verbal communication, plus facilitation skills.
• Proficiency with MS Office and data analysis software.

Responsibilities

• Provide budgetary support to transportation enterprises and related activities.
• Coordinate annual budget development and ensure alignment with plans.
• Monitor budgets, generate reports, and support transparency in reporting.
• Develop revenue forecasts and assist with legislative budget processes.

Skills

Analytical thinking

Communication skills

Project management

Team collaboration

Attention to detail

Education

College degree in business/related field

Tools

Microsoft Excel

SAP

Google Workspace

BI / data analysis tools

Job description

This position is only open to Colorado state residents.

New employees to the State will be paid biweekly. There are 26 biweekly pay periods in a year.

About CDOT

CDOT employees make a difference by providing freedom, connection, and experience to the traveling public, while also keeping them safe. The State of Colorado offers competitive medical, dental and vision insurance, life and disability insurance, and flexible spending and health savings accounts. Visit the State of Colorado benefits for details, current premium rates and a summary video about benefits. The state also offers PERA retirement, great optional PERA plans such as 401K, a generous paid time off package of annual, sick, holiday and other leave, strong career growth, tuition reimbursement and professional development. Perks include Colorado Employee Assistance Program (CSEAP) counseling, wellness, credit union membership and employee discount program. Visit CDOT Benefits for details. Some positions may qualify for Public Service Loan Forgiveness.

CDOT for All

CDOT’s strength is our people, and our commitment to our people is to shape, support, and sustain the employee experience, and ultimately, create a supportive workplace where everyone, regardless of gender, race, ethnicity, religion, national origin, age, sexual orientation, gender identity, citizenship status, education, disability, socio-economic status, or any other identity, has the opportunity to thrive.

The eligible list created from this announcement may be used to fill current and future vacancies for a period of up to 6 months.

About the Position

The Budget Analyst I, Enterprise Analyst is an entry-level position. Under the guidance and support of senior staff, this position supports the transportation enterprises to develop annual budget requests, execute budget actions, monitor and report on budget and expenditures, and other activities that support budget processes. The position will also be responsible for coordinating across functional areas to provide support for the Department's revenue program, legislative budget development, fiscal analysis, and debt portfolio management. Finally, this position will be responsible for implementing public sector best practices in all assigned work areas and for participating in the improvement of budget processes and systems within the purview of the job description.

All job duties will be performed at an entry-level with guidance, training, and support from the supervisor, Budget Manager, and other OFMB staff.

Your duties and responsibilities will be performed with guidance, training and support from the Revenue & Policy Director, and other OFMB leadership and will include, but not be limited to, the following:

• Provide budgetary support to the CDOT transportation enterprises for the following activities:
  • Financial Support
    • Respond to stakeholder requests by gathering information, researching or investigating issues, analyzing available data, and working with senior staff to make recommendations on possible solutions.
    • Communicate effectively and frequently to ensure that assigned stakeholders are aware of /understand and follow all OFMB guidelines, policies and processes throughout the budget cycle.
    • Collaborate with enterprise staff and leadership to learn about the enterprise’s operations to accurately assess resource needs and to proactively recommend changes to the budget to address those needs.
    • Attend relevant meetings to stay apprised of current events and issues to proactively address any budget-related issues; provide regular updates to OFMB and DAF leadership.
    • Respond to requests for information about enterprises from a variety of internal and external sources, and coordinate with stakeholders as needed to provide accurate and timely responses.
    • Provide regular reporting on the budget and other financial information, with a focus on transparency, accuracy, and accessibility.
  • Annual Budget Development
    • Coordinate with enterprise staff and leadership to develop a budget request and accurately incorporate estimates into budget request documents and worksheets.
    • Coordinate with enterprise staff and leadership to ensure that enterprise budgets are accurately incorporated into CDOT Annual Budget Allocation Plan.
    • Coordinate with enterprise staff and leadership to ensure enterprise boards adopt budget requests in accordance with all applicable department policy directives, state and federal laws, other relevant authoritative guidance, and budgeting best practices.
    • Report on the process, timeline and status of the budget requests for enterprise staff, leadership, and boards to ensure alignment between enterprises and CDOT.
    • Participate in the annual budget push process to ensure accuracy for enterprise budgets prior to the start of the new fiscal year.
• Budget Management and Execution
  • Work with OFMB leadership to conduct ad hoc analysis on budget and expenditures for enterprises that do not have dedicated financial / budget staff.
  • With support from the Revenue & Policy Director and Budget Director, collaborate with enterprise staff and leadership to evaluate requests for budget actions and correctly apply relevant Policy Directives and guidelines;
  • Learn to execute approved budget transactions in the Department’s budget and financial applications as needed.
  • Monitor budgets for assigned areas during the fiscal year and proactively identify opportunities to improve resource allocation.
  • Provide regular budget management reporting, including fiscal year end spending projections, to foster budget accountability and to proactively resolve any budget-related issues.
  • Coordinate with enterprise staff and other units within The Division of Accounting and Finance on fiscal year financial open / close activities.

Support the Department’s revenue program by assisting with maintaining and operating revenue forecasting models, providing monthly revenue and cash flow projections, and analyzing outputs and reporting results to management and external stakeholders including the following:

• Work with the Revenue & Policy Director to update and maintain revenue models in the Department’s revenue forecasting tool.
• Assist with tracking and recording all revenues in the statewide and Department financial accounting systems, adhering to all applicable Department policy directives state and federal laws, other relevant authoritative guidance, and budgeting best practices.
• Assist with year-end revenue reconciliation.
• Collaborate with OFMB’s budget development staff to ensure that program allocations align with the revenue forecast.
• Collaborate with the Division of Transportation Development and OFMB leadership to communicate the long-range revenue forecast, revenue reconciliations, and any other revenue-related topics to Metropolitan Planning Organizations, Transportation Planning Regions, and any other external stakeholders as needed.

Support the development of the Department’s legislative budget for submission to the Office of State Planning and Budgeting (OSPB), The Joint Budget Committee (JBC), and the Governor, and the legislative budget process for the Department throughout the budget cycle including:

• Helping ensure that all budget reports and documents are accurate and conform with OSPB’s budget instructions and deadlines.
• Coordinating funding requests and changes to the Department’s budget with the Executive Management Team and other Department leadership for inclusion in the budget request;
• Learning how to prepare all budget schedules and other required reports that make up the legislative budget request;
• Monitoring the Department’s budget request throughout the process and communicate any updates as needed;
• Ensuring compliance with all statutory deadlines and requirements.

• Support activities related to managing the Department’s debt portfolio, including debt issued by the transportation enterprises.
• Learn to support the Fiscal Note Coordinator by analyzing proposed legislation for possible fiscal impacts to CDOT.
• Coordinate with Department staff and Executive leadership to provide Legislative Council Staff with comprehensive information on budget estimates and assumptions.
• Under the guidance and direction of the supervisor and the Budget Director, create and maintain clear and concise role-related materials including desk manuals, standard operating procedures, training presentations, guidebooks, diagrams, and any other materials that will support the dissemination of information for this role and/or the Department’s and enterprises’ budget and revenue.
• Other duties as assigned.

Work Environment

• Your schedule will primarily be 8:00 am – 5:00 pm work hours.
• You will likely work a hybrid schedule with a combination of in-office and remote work.
• Work in a politically sensitive environment.

Minimum Qualifications

Experience Only:

• At least four (4) years of full-time professional work experience in budget administration, business administration, finance, accounting, economics, public administration, or another field closely related to the duties of this position.

OR

Education and Experience:

• A combination of relevant education and experience equal to at least four (4) years.
  • Education from an accredited college or university with coursework in business administration, finance, accounting, economics, public administration, or another field of study closely related to the duties of this position will be considered.
  • Professional work experience in business administration, finance, accounting, economics, public administration, or another field closely related to the duties of this position will be considered

Please Note: The required experience must be substantiated within the work experience section of your application. “See Resume” statements on the application or resumes in lieu of a complete application may not be accepted. Additional information submitted after the closing date of this announcement will not be considered in the review of your application. In addition, part-time work will be prorated.

College Transcripts: If you are using education to qualify, a legible copy of your official or unofficial college transcript(s) or an official foreign credential evaluation report must be submitted with your application. Transcripts must show the name of the school, completed credit hours, and (if applicable) that a degree was conferred. Transcripts from colleges or universities outside of the United States must have been assessed for U.S. equivalency by a NACES educational credential evaluation service. The credential evaluation report must be an official report. Failure to provide a transcript or official foreign credential evaluation report may result in your application being rejected and you will not be able to continue in the selection process for this position.

Conditions of Employment

• Must pass a pre-employment screening which may include social security number trace, criminal records check, public court records check, educational records, and driving records checks. More information in the supplemental information section.

Preferred Qualifications

The exceptional applicant will possess proven ability or accomplishment in the following:

• Demonstrated success with the duties listed in the Description of the Job section.
• Years of State service experience related to the duties of this position.
• Highest work/personal ethics and integrity.
• Knowledge and understanding of theories, principles, and best practices of public sector financial and budget management, resource allocation, and annual financial reporting in a large organization.
• Understanding of, and experience in financial analysis and budgetary processes;
• Governmental budget analysis experience;
• Understanding of, or experience with revenue forecasting and financial modeling;
• Statistical analysis skills and experience;
• Policy analysis skills and experience;
• Strong aptitude for and experience in working with data and using integrated software solutions and business intelligence tools;
• Proven ability to manage multiple assignments, priorities, and projects in a demanding environment.
• Ability to work under tight deadlines and be adaptable to changing assignments.
• Ability to take initiative to solve problems in an innovative manner.
• Interpersonal and relationship building skills.
• Strong time and project management skills, including prioritization.
• Excellent reasoning, investigative, analytical, and problem-solving skills.
• Excellent oral and written communication skills, including presentation and facilitation skills.
• Strong attention to technical detail and accuracy.
• Ability to work effectively in both independent and team situations.
• Fluency in Microsoft Office Suite (Word, Excel, Access), Gmail and Google Applications, SAP, and the ability to quickly learn other software systems.
• Strong spreadsheet and other data analysis software experience highly preferred.

Applicant Checklist

Complete Applications must include the following documents:

1. A complete CDOT Application for Announced Vacancy
2. A complete Supplemental Questionnaire (The questionnaire is part of the online application. You will be prompted to answer them as you are completing your online application.)
3. A cover letter that describes your interest in this position, how your experience aligns with the minimum and preferred qualifications of this position. Cover letters will not be accepted after the closing date and time of the announcement.
4. A detailed chronological resume. Resumes must be uploaded as an attachment to your online application.
5. If you are using education to qualify, a copy of your official or unofficial transcript showing completed coursework and credit hours, degree(s) conferred your name, and the name of your school, or your official NACES credit evaluation report. Please submit this as an attachment to your online application.
6. If you are a veteran, a copy of your DD214. Please submit this as an attachment to your online application.

Please note that you may redact information on your attachments that identifies your age, date of birth, or dates of attendance at or graduation from an educational institution.

Only complete applications submitted by the closing date for this announcement will be given consideration. Every effort must be made to submit all application materials by the announcement close date. Where unusual circumstances prevent timely acquisition of transcripts, they must be submitted within five business days of the announcement close date. Resumes will not be accepted in lieu of a completed application. Failure to submit properly completed documents by the closing date of this announcement may result in your application being rejected.

The State of Colorado strives to create a Colorado for All by building and maintaining workplaces that value and respect all Coloradans through a commitment to equal opportunity and hiring based on merit and fitness.

The State is resolute in non-discriminatory practices in everything we do, including hiring, employment, and advancement opportunities.